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Financial statements for Darius Inc. show Net Income of $18.6 million last year, as well as Total Owners' Equity of $147.6 million, and Dividends paid

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Financial statements for Darius Inc. show Net Income of $18.6 million last year, as well as Total Owners' Equity of $147.6 million, and Dividends paid of $13.2 million. Based on this information, the estimated growth rate in dividends, g, is %. Hint: use the Earnings Retention Model covered in the Cost of Capital lecture material. Margin of error for correct responses: +/-.05%. Rounding and Formatting instructions: Do not enter dollar signs, percent signs, or commas in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is 12.3456%, you should enter 12.35)

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